New Member Retirement Benefits. New employees hired on or after January 1, 2013, upon placement in a full-time employment status shall have the PERS 2.7% @ 57 formula, as provided by the terms of the contract in effect between the City and PERS.
Appears in 4 contracts
Samples: Approval of Agreement, Approval of Agreement, www.cityofgrassvalley.com
New Member Retirement Benefits. New member employees hired on or after to January 1, 2013, upon placement in a full-time employment status 2013 shall have the PERS 2.72% @ 57 62 formula, as provided by the terms of the contract in effect between the City and PERS.
Appears in 3 contracts
Samples: www.cityofgrassvalley.com, www.cityofgrassvalley.com, www.cityofgrassvalley.com
New Member Retirement Benefits. New employees hired on or after to January 1, 2013, upon placement in a full-time employment status shall have the PERS 2.7% @ 57 formula, as provided by the terms of the contract in effect between the City and PERS.
Appears in 1 contract
Samples: www.cityofgrassvalley.com
